Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETH
Ethereum Faces Accumulation as Netflow Turns Negative: What’s Next for ETH Price?
The post Ethereum Faces Accumulation as Netflow Turns Negative: What’s Next for ETH Price? appeared first on Coinpedia Fintech News The $4,000 level for ETH price now seems like a distant dream. Ether has remained below its key resistance channels for the last few days, even with the upcoming launch of its spot exchange-traded funds (ETFs) in the United States. Some believe the absence of bullish momentum for ETH comes from uncertainty about the regulator’s timeline for approving individual S-1…
1 year ago
MetaMask Launches Pooled ETH Staking, Except For US UK
The post MetaMask Launches Pooled ETH Staking, Except For US UK appeared first on Coinpedia Fintech News MetaMask has launched its pooled staking service, which allows users to stake any amount of ETH and earn rewards for contributing to the network’s security. MetaMask’s move is supported by Consensys Staking. The company revealed that it has zero slashed validators and a 99.9% validator participation rate. Currently, the service is available to a small group of users, while a broader launch can…
1 year ago
Ethereum vs. Solana: Wintermute CEO Gaevoy Challenges ETH Leadership
Evgeny Gaevoy has taken shots at Vitalik Buterin and the Ethereum leadership, saying that if the network fails, it will be because they are “still stuck in a massive contradiction.” The online debate was first sparked by Buterin’s criticism of celeb coins after rapper Iggy Azalea launched MOTHER and it became an instant hit, with some like Uniswap’s Hayden Adams supporting Buterin. Iggy Azalea has been making headlines in the crypto industry since she launched Mother Iggy, a meme coin…
1 year ago
Will Ethereum (ETH) Price Head Toward $4K Mark Or Plunge To $3.4K This Week?
The post Will Ethereum (ETH) Price Head Toward $4K Mark Or Plunge To $3.4K This Week? appeared first on Coinpedia Fintech News The cryptocurrency market leader, Bitcoin price, failed to hold its price above the $70K mark and continues to display a weak price action. This resulted in top altcoins recording significant corrections in their respective portfolios over the past weekend. On the other hand, the altcoin leader, the Ethereum token, has followed in the footsteps of the market leader…
1 year ago
Strongest altcoins to be in if Bitcoin powers upwards ($ETH, $SOL, and $BNB)
Bitcoin is at a critical juncture. The FOMC meeting is coming up this week, and what is said there by the Fed could have a big impact on markets. If the news is good on Wednesday, Bitcoin could fly. The altcoins primed to surge with it are $ETH, $SOL, and $BNB. When $BTC was rejected from the top of its bull flag for the fourth time in succession, perhaps some fear and doubt crept into the minds of altcoin holders.…
1 year ago
VanEck Predicts Ethereum’s Meteoric Rise: ETH Price Could Surge Up to 3,905% by 2030 to $22,000
VanEck is bullish on Ethereum, projecting a $22,000 to $154,000 top by 2030. The bullish projection is hinged on its ETF product and smart contract functionalities. Global investment manager VanEck forecasts the price of Ethereum (ETH) to reach $22,000 by 2030, representing about a 472% increase from its current price level. VanEck Goes Bullish on ETH In a more bullish prediction, VanEck wrote in a recent report that ETH could get to $154,000 by 2030. This represents a mega 3,905%…
1 year ago
Mt Gox Could Release Floodgates of BTC Supply, How Will It Impact ETH & Algotech
The post Mt Gox Could Release Floodgates of BTC Supply, How Will It Impact ETH & Algotech appeared first on Coinpedia Fintech News The name Mt. Gox still sends shivers down the spines of cryptocurrency veterans. This once-dominant exchange’s spectacular collapse in 2014 resulted in the loss of hundreds of thousands of Bitcoins. Now, a recent court ruling has reignited concerns – could a massive release of these lost Bitcoins be on the horizon, potentially flooding the market and impacting…
1 year ago
VanEck Predicts Explosive Ethereum Growth: Could ETH Reach $2.2 Trillion?
Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030, translating to a price of around $22,000 per coin. This ambitious prediction hinges on Ethereum’s dominance in the smart contracts arena and its potential to generate a staggering $66 billion in free cash flow by the end of the decade. Traditional Finance Embraces…
1 year ago
Bullish ETH News: VanEck Predicts Ethereum Price to Reach $22,000 by 2030 as Userbase Surges 9X Since 2020
Analysts from asset manager VanEck predict that Ethereum will hit $22,000 by 2030, noting that the network’s revenue per user exceeds that of most Web2 businesses with a higher market cap. Data from Bitwise shows that Ethereum has 900% more daily active users today than it did four years ago, with the rise of Layer2s credited for the rapid growth. With the approval of the Ethereum ETFs by the US SEC, most analysts have made bold predictions about the future…
1 year ago